Software
Tradorax vs. OptionsXO

Selecting the right binary option trading srevice for your organization is hard with too much features, options, and offers to choose from. However, relying on our review directory will allow you to simplify the selection steps by reading all crucial providers in one location. As an illustration, you can match OptionsXO and Tradorax for their functions and overall scores, namely, 8.0 and 8.1, respectively. Furthermore, you can check which service has superior general user satisfaction rating: 100% (OptionsXO) and 100% (Tradorax) to find out which service is the better choice. Don’t just pick the service with the lowest minimum deposit, but the one that has the most cost-effective value.

Customer Experience

Minimum Deposit

Accepts US Clients

Complete Review

Description

Tradorax uses the TechFinancials trading platform which supports informative charts, long term and short term expiry, and a wide range of assets in one package. The platform is 100% web-based, user-friendly, and you do not need to download any software to start trading. With a simple internet connection you can invest in binary options from anywhere in the world.

The Tradorax trading platform enables you to trade on High Low, Boundary, One Touch, and Short Term options. You can get returns as high 85% for EUR/USD options.

One of the preferred option types is the boundary option. This option can be used in both volatile markets as well as quiet trading conditions. Tradorax also offers an Android app for mobile trading.

Traders using OptionsXO can enjoy the benefits of a powerful trading platform developed by Tech Financials. It offers a wide range of useful features, such as live data feed and advanced charts. You can quickly find all the essential elements on the front panel of the platform, so if you need fast access to information there’s no need for time-consuming tab switching. You can easily locate the analysis tools as well as the latest news in the market and the list of open positions.

Crucial elements of the platform include early closure, double up, roll over and high yield. With the early closure feature you can close a position before the contract expires. The double up feature allows you to double your investment original amount. It is also possible to make use of the rollover feature in order to extend the expiry time of an option. Finally, you can benefit from the roll over feature once for each option. OptionsXO also supports a reliable mobile trading platform.

IQ Option’s trading platform differs from most generic platforms. Asset selection is done using a tab system placed on top of the price chart. A drop-down list placed on the right side of the tabs offers more assets.

There are action buttons for the option types (Call/Put) you want to buy. IQ Option offers predefined amounts such as $10, $20, etc. that you can choose. Alternatively, you can also key in the amount in the amount box. The personal cabinet section shows your banking transactions and trading history. It also hosts the customer support option. The trading platform also supports mobile trading with iOS and Android apps.

Customer Support
Languages: English, Spanish, German, French, Russian, Japanese, Italian, Turkish, Arabic, Dutch, Swedish Customer Service
Hours: OptionsXO offers a full 24/7 customer support for its clients. Place Trades Over the
Phone?: No

EMAIL

PHONE NO.

TICKETS

Customer Support
Languages: English, Spanish, Russian Customer Service
Hours: IQ Option offers customer support from 9:00 AM to 11:00 PM Place Trades Over the
Phone?: No

Assets

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities

Forex, Oil, Gold, Indices, Stocks, Commodities

Oil, Gold, Indices, Stocks, Commodities

Email

support@tradorax.com

affiliates@optionsxo.com

support@iqoption.com

Payout ratios

Tradorax offers up to 85% return.

Typical returns are high as 89%. High yield options can pay as much as 360%. You can also get rebates up to 15% for losing trades.

Returns can go as high as 92%.

Located In

United Kingdom

United Kingdom

Cyprus

Trading Accounts

Tradorax offers four types of accounts:

Mini: $250 – $499

Web/mobile platform

Education center access

Personal broker – 1 per week

Lessons 1-2

Silver: $500 – $4,999

Web/mobile platform

Education center access

2% extra for every trade

Personal broker – 2 per week

Lessons 1-2

Lessons 3-4

Signal group

0.5% cash back

Gold: $5,000 – $9,999

Web/mobile platform

Education center access

3% extra for every trade

Personal broker – 3 per week

Lessons 1-2

Lessons 3-4

Lessons 5-6

Signal group

1% cash back

1 risk free trade per month

VIP: $10,000+

Web/mobile platform

Education center access

4% extra for every trade

Personal broker – 4 per week

Lessons 1-2

Lessons 3-4

Lessons 5-6

Lessons 7-8

Signal group

2% cash back

2 risk free trades per month

OptionsXO provides several efficient account types that can be easily adjusted to your preferences and needs. If you decide on a premium account you can also count on a variety of bonus features and services meant to make your trading experience even more enjoyable. The following account types are available:

MINI: minimum deposit of $250

Full access to trading platform

Commission Free

Access to all instrument types

Access to all trading assets

24 hour support and assistance

SILVER: minimum deposit $2,000

An additional 2% return on every trade

Commission Free

Free Access to OptionsXO learning center

24 hour support and assistance

Free trading support from market analysts and experts

GOLD: minimum deposit $5,000

An additional 3% return on every trade

Commission Free

Free Access to OptionsXO learning center

24 hour support and assistance

Free trading support from market analysts and experts

PLATINUM: minimum deposit $10,000

An additional 4% return on every trade

Commission Free

Free Access to OptionsXO learning center

24 hour support and assistance

Free trading support from market analysts and experts

IQ Option offers a free demo account and two types of trading accounts:

All the data, details and opinions that we presented in this analysis were collated from official vendor websites, advertising content available online, actual experience from real clients as well as our individual direct use of every product by an expert. We pay a lot of attention to comprehensively test every app, therefore we not only analyze it on our own, but we also match our findings with experiences of other users from the SaaS community.

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